Last List Price
1 bed1,426 sqft$245/sqft
204 E State St, Unit 2, Baton Rouge, LA 70802

Description

Developer's Dream Near LSU - Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow...Developer's Dream Near LSU - Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow and outstanding redevelopment potential. Fully occupied and generating steady rental income, these well-maintained duplexes showcase timeless architectural charm with desirable features including 9-foot ceilings, hardwood floors, newer roofs, and individually metered utilities for streamlined management and tenant convenience. The prime location near LSU ensures continued rental demand and long-term investment stability. What truly sets this portfolio apart is the incredible opportunity for new construction and multi-unit development. The additional lots create a unique canvas for developers/investors looking to expand, build additional units, increase density, or capitalize on the area's ongoing growth and housing demand. This multi-property package is ideal for investors seeking stable cash flow, proximity to LSU, and long-term appreciation potential in the growing Baton Rouge market. All information is believed to be accurate but not guaranteed and should be independently verified by purchaser. Measurements, occupancy status, zoning, lot dimensions, and investment projections are approximate and subject to buyer verification.
LISTING CLOSED: 07/28/2026 12:00 AM

  1. Listed by Perry J Musgrow • Bridgewater Realty Advisors
    P: (225) 931-0943 C: (225) 931-0943 perry@bridgewater.realty

Property Details for 204 East State Street, Unit 2

Status
MLS #
BR2026009211
Days on Market
16
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
MULTI FAMILY FOR SALE / Townhouse
Year Built
-
Lot Size
0.12 AC / 5,039 SF
Subdivision Name
Arbour Place

Location

Listing Courtesy of Bridgewater Realty Advisors

Sold By Compass - Perkins

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Building Information for 204 East State Street, Unit 2

Stories2Residences2Year Built-Building Size-Lot Size0.12 AC / 5,039 SF

Payment Calculator

$1,779 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 204 East State Street, Unit 2

Summary
Location and General Information
  • Latitude: 30.42
  • Longitude: -91.18
  • MLS Area Minor: EAST BATON ROUGE
  • Local Area: EBR MLS Area 52
Parking
  • Parking Features: Parking Lot
  • Parking Total: 4.00
School Information
  • School District: East Baton Rouge
  • High School: East Baton Rouge
  • Elementary School: East Baton Rouge
  • Middle School: East Baton Rouge
Taxes and HOA
  • Association: No
  • Tax Legal Description: Ward: 1-3, Subdivision: Arbour Place, Lot: 3, Block: C. Lot 3, 42 Ft. On State St. X 120 Ft.
  • Tax Lot: C/3
Property
Lot Information
  • Building Area Total: 1426.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.1157
  • Lot Size Dimensions: 42x120
Property and Assessments
  • Parcel Number: 500682
  • Property Type: MULTI FAMILY FOR SALE
  • Mineral Rights: Conveyed
  • Apx Age: 76 + Years
  • Overall Condition: Fair
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Siding, Frame
  • Exterior Features:
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Architec. Shingle
  • Stories: 2
  • Number Of Buildings: 2
Interior Features
  • Appliances: Gas Cooktop, Refrigerator
  • Bathrooms Full: 1
  • Bedrooms Total: 1
  • Cooling: Window Unit(s)
  • Door Features:
  • Entry Level: 1
  • Flooring: Ceramic Tile, Wood
  • Heating: Wall Furnace
  • Interior Features: Ceiling 9'+,
  • Other Equipment: Individual Meter
  • Window Features:
  • Bathrooms Total Integer: 1
  • Hash Tag Heat Units: 2
  • Hash Tag AC Units: 2
Room Information
Room Information
  • KF Kitchen Features: Counters Laminate
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: Broadband/Internet, Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
  • Total Actual Rent: 795

Property History for 204 East State Street, Unit 2

DateEvent & SourcePriceAppreciation
Jul 28, 2026

Sold

ROAM MLS #BR2026009211

May 30, 2026

Contract Signed

ROAM MLS #BR2026009211

May 14, 2026

Listed (Active)

ROAM MLS #BR2026009211

$350,000
DateEvent & SourcePrice
07/28/2026

Sold

ROAM MLS #BR2026009211

05/30/2026

Contract Signed

ROAM MLS #BR2026009211

05/14/2026

Listed (Active)

ROAM MLS #BR2026009211

$350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 204 East State Street, Unit 2

This home is within East Baton Rouge Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
McKinley Elementary
PublicPK to 5

Glasgow Middle School
Public6 to 8

Mckinley Senior High School
Public9 to 12

University Terrace Elementary School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridgewater Realty Advisors

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.